Curated daily by our industry experts. Stay informed on how tech is shaping the real estate industry with these important headlines.
Wall Street Journal
Few private citizens wield more power in America today than Larry Fink, the chief executive of BlackRock Inc. BLK -0.36% In pushing companies to embrace climate-friendly policies, that has made him a lightning rod….
TechCrunch
The vast majority of e-commerce customers prefer to preview a product before making a purchase. That’s the reason why the likes of Amazon have historically struggled to move fashion and home decor items online. A San Francisco and Bengaluru-based startup is attempting to solve this problem and has just raised a new funding round to scale its operations.
Business Insider
Travis Kalanick’s ghost kitchen startup ended 2021 with significant fresh funding and a new chief financial officer.
Crunchbase News
With milestones like Procore’s IPO and despite low points like the collapse of construction unicorn Katerra, proptech had a banner year in 2021. All told, venture-backed companies in the real estate and property tech space raised nearly $21 billion, Crunchbase data shows.
APN News
Strata, India’s leading tech-enabled commercial real estate (CRE) investment platform, is the first proptech company in the country to have crossed a significant threshold of 500 crores in Assets Under Management (AUM). The company recently raised $6 million in a Series-A round co-led by Kotak Investment Advisors Limited, Gruhas Proptech (an exclusive fund by Nikhil Kamath of Zerodha & Abhijeeth Pai of Puzzolana Group), and Sabre Investments.
Crunchbase News
Last year saw an unprecedented $21.8 billion in venture capital poured into cybersecurity companies globally—and investors set the record in style.
Bloomberg
Almost two years have passed since Larry Fink, the chief executive officer of BlackRock Inc., declared that a fundamental reshaping of global capitalism was underway and that his firm would help lead it by making it easier to invest in companies with favorable environmental and social practices. Lately, he’s been taking a victory lap.
Boston Properties
Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, today announced that the Company was named to Newsweek’s America’s Most Responsible Companies 2022 list. BXP ranked first in its industry with an increased ranking of 31st overall out of the 500 companies included on this year’s list….
JLL
AI-powered platform to help JLL clients operate more sustainably with improved energy efficiency, air quality and tenant comfort.
Commercial Observer
Lev’s continued evolution in the digitization of commercial real estate has taken another big step forward, Commercial Observer has learned. The firm is joining forces with one of the world’s largest cloud-based property management companies to produce real-time commercial real estate financing quotes.
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